Compliance
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Douglas Rissing via Getty Images
In a gift to DOGE, lawmaker wants antitrust enforcement consolidated under DOJ
It’s inefficient for DOJ to share duties with the FTC, it leads to interagency conflict and makes it harder for companies to know what standard to follow, critics say.
By Robert Freedman • Jan. 16, 2025 -
Courtesy of Shift4. Shift4 CEO Jared Isaacman
Shift4 makes $4.7M in undisclosed payments to executives’ relatives
The payments were made over a three-year period beginning in 2020, and were not listed in some filings with the Securities and Exchange Commission. As a result, the company agreed to pay a fine under a settlement last week.
By Patrick Cooley • Jan. 16, 2025 -
Carl Court via Getty Images
SEC fines firms $63M in latest effort to stop off-channel communications
One company will pay a reduced fine for coming forward on its own, the agency says.
By Robert Freedman • Jan. 14, 2025 -
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SEC fines ex-CEO for keeping WWE in dark on settlements
The wrestling company’s books and filings were inaccurate because its former chief never told the legal and accounting teams about harassment claims he settled, the agency said.
By Robert Freedman • Jan. 13, 2025 -
Brandon Bell via Getty Images
Oil companies agree to record FTC settlement in ‘gun-jumping’ lawsuit
The agency accused two oil producers of taking over management duties of a company they’d agreed to buy during the required U.S. review period for merger deals.
By Justin Bachman • Jan. 8, 2025 -
Mario Tama via Getty Images
JetBlue whacked with $2M federal fine over delay-ridden flights
The civil penalty marks the first time U.S. transport regulators have targeted “chronically delayed” flights amid Biden DOT’s push for consumer protections.
By Justin Bachman • Jan. 6, 2025 -
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Little partisan difference among commissioners in FTC enforcement
Members appointed by Republican and Democratic presidents tend to agree when the agency should file a complaint against a proposed merger, an analysis finds.
By Robert Freedman • Jan. 3, 2025 -
Neal McNeil via Getty Images
FTC excludes restaurants from junk fee rule
In another regulatory victory for restaurants, the Federal Trade Commission backtracked on including restaurant fees in its price transparency rule.
By Aneurin Canham-Clyne • Dec. 19, 2024 -
Neal McNeil via Getty Images
FTC cracks down on junk fees
The bipartisan Junk Fees Rule takes aim at “bait-and-switch pricing” for lodging, as well as live-ticket events.
By Noelle Mateer • Dec. 17, 2024 -
hapabapa via Getty Images
SEC charges former Comtech CEO with insider trading
The charges against Ken Peterman are just the latest initiative by what, in some respects, has been the most aggressive SEC enforcement division on record.
By Jim Tyson • Dec. 12, 2024 -
Joe Raedle / Staff via Getty Images
Ex-TD employee charged in money laundering case
Leonardo Ayala, 24, issued dozens of debit cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.
By Dan Ennis • Dec. 11, 2024 -
Deejpilot via Getty Images
Compliance ranking tags Singapore as easiest, North America least costly
The Asian city-state was most efficient and reasonably priced in 2024, followed by the U.K. and Australia, while Brazil and the UAE ranked low, according to a Mercator report.
By Justin Bachman • Dec. 11, 2024 -
koto_feja via Getty Images
Biotech startup avoids SEC penalties through voluntary self-report
Cancer drug maker Kiromic was charged with omitting FDA regulators’ concerns about two of its therapies as it sought to raise $40 million from investors.
By Justin Bachman • Dec. 4, 2024 -
Retrieved from USCIS.
How to prepare for Trump’s new immigration policies
In light of potential deportation actions, lawyers recommend internal I-9 audits to ensure the work authorization status of employees.
By Zachary Phillips • Dec. 4, 2024 -
"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC settles ransomware case against ICBC unit
The agency opted not to impose a fine on the U.S. unit of China's largest bank, which had difficulty updating system books and records after a 2023 cyberattack.
By Rajashree Chakravarty • Dec. 3, 2024 -
Daphne Howland/Legal Dive
Macy’s says accountant hid as much as $154M in expenses
The deliberately misleading accounting of expenses since the fourth quarter of 2021 did not disrupt cash management or vendor payments, Macy’s said.
By Jim Tyson • Nov. 26, 2024 -
Hapabapa via Getty Images
SEC reports drop in enforcement actions for 2024 FY
The securities regulator also reported a record $8.2 billion in monetary remedies for its last fiscal year, driven by Terraform Labs crypto fraud settlement.
By Justin Bachman • Nov. 25, 2024 -
NanoStockk via Getty Images
Don’t try to wait out Trump change to NLRB captive-audience ban, attorneys say
One attorney advises clients not to risk being the test case for the NLRB’s new prohibition, regardless of how long the ban ultimately lasts.
By David Weisenfeld • Nov. 22, 2024 -
Khaosai Wongnatthakan via Getty Images
OpinionBridging cyber insurance and data privacy
As privacy class actions triple in costs and cyber insurance premiums climb, legal teams must revise their organization’s incident response plans, strengthen vendor oversight and align data governance with stricter underwriting requirements.
By Camilo Artiga-Purcell • Nov. 21, 2024 -
Drew Angerer via Getty Images
SEC’s Gensler to step down Jan. 20 after robust rulemaking, enforcement
The SEC, in one of its most far-reaching changes under Gensler, adopted rules last year aimed at channeling more trading of Treasury securities into central clearinghouses and curbing the risk of illiquidity.
By Jim Tyson • Nov. 21, 2024 -
Rex_Wholster via Getty Images
Procedural disputes headline Amazon, SpaceX 5th Circuit case against NLRB
The two companies argued that the labor board’s structure is unconstitutional and that they were deprived of their right to a jury trial.
By Ryan Golden • Nov. 21, 2024 -
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How the role of chief risk officer at banks is evolving
Bank failures last year forced CROs to take on higher corporate profiles and sharpen their skill sets.
By Caitlin Mullen • Nov. 19, 2024 -
skynesher via Getty Images
OpinionStrategies for shareholders to compel annual meetings in jurisdictions outside of Delaware
Many states can lack clear precedent regarding enforcement of shareholders’ right to a meeting. Counsel can provide guidance by evaluating their state’s procedural vehicles, the ripeness of the case and the scope of relief available.
By Thomas J. Fleming and Jacqueline Y. Ma • Nov. 15, 2024 -
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Trump SDNY pick Clayton led SEC effort to ease IPO rules
The incoming administration says it wants former SEC Chair Jay Clayton to head the U.S. attorney's office in the Southern District of New York, installing someone regarded as a steady hand.
By Robert Freedman • Nov. 15, 2024 -
Tasos Katopodis via Getty Images
The legal pathways for Biden-era rules facing a Trump takedown
With the Trump administration expected to undo much of its predecessor’s agency-level regulation, here’s a look at how federal rules may play out in the transition.
By Justin Bachman • Nov. 15, 2024
